The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-09-01
THE CITY TRADE.
Splendid Showing Made During
the Season.
The Transactions Approaching In
Value the Sum Of S7O,000,0O0.
Great Increase In All Branches Of
Business.
MerehHuts' Excbapg. Statement Of
Imports aud Exports Dur
ing tho Year.

The report of the Merchants Ex-
change Of imports aud exports from
September l, 1886, to August 81,
1887, and published below in tabu.
lated form, presents quite an encour-
aging picture Of the trade Of Mem
phis during the past season. The
report shows q steady growth in the
general volume Of business, most
satisfactory TO our Wholesale and re.
tail merchants. 1t is q clear indica-
ton Of the advancing strides Mem
pbis is making toward the position
Of the great commercial center Of
the Mississippi Valley. In the diff
ferent wholesale lines Of business the
advances over last year has been
strongly marked. The dry goods
business shows an increase Of at
least % per cent, trade coming from
quarters never before touched by
Memphis houses, and merchants who
heretofore bought goods in New
York now gil their order books in
this city. The boot and shoe horses
speak in quite as hattering terms Of
their trade, their business during the
year being much larger than in any
previous year. New territory has
been invaded by the shoe men, and a
very large addition to the trade has
been the result. 10 the clothing
line the same result was reached, aud
a bigger business this fall is anlici-
pated. The hardware dealers are
not left behind in the great march,
for they, too. have done exceedingly
we'll during the year, and look Tor
ward TO still more profitable trading.
The hat dealers are sangnine Of in
creased trade, their business during
the past year having been exceeding
ly prosperous and profitable. And
80 il has been in many other
branches Of the tradc-notions,
china, glass and queensware, wines
aud liquors, foreign fruits. tobacco
and cigars, sa6dlery. etc. The grain
business has been very good, much
more grain probably having been
handled than in previous years, and
at better prices. The interstate COM
merce law aud the action OF The rail.
roads in consequence in advancing
ircights interferred materially with
Memphis as a distributing grain
market. The grocery business has
also wonderfully increased; indeed
il has increased 20 per cent. annually
during the past five years, aud now
IL is estimated at from 5000, 600 TO
Sl0, 100000, wholesale and retail.
The fact is that the question now is
with our Wholesale merchauts-how
shall we supply the trade which is
knocking at our doors for recogni.
ton and acceptance IL is already
so large that there is ample room for
additional wholesale grocery, dry
goods, boot and shoe. hats and caps
aud clothing houses. The establish
ment OF such new houses would be
advantageous TO the general trade
by adding 10 the assortments Of
goods. Our trade extends through
out West Tennessee, North Ala
bama, North aud Middle Mississippi,
Arkansas, and portions Of Louisiana,
Texas and Missouri.
Business advances year by year,
one Of the greatest known causes be.
ing the i.creased railroad system,
extending TO distant points, aud in
surfing the greatest facility for all
kinds OF trade In both near and dis
tant States, all OF which makes
Memphis n great distributing point,
aud her iutgrc cannot possibly be
estimated, 40 great has been the
growth OF her trade, which is capa-
bic Of being developed 20 any extent,
TO proportions commensurate with a
large population within n radius Of
800 miles aud within the magic cir.
Gle OF Mcmphiss influence. The
healthy condition Of our jobbing
trade is a matter for congratulation.
Merchants and drummers report
that az no time within tho history Of
Memphis has the season opened out
10 satisfactorily AZ this year, and
they predict that next season bust.
ness in all branches will be some
thing phenomenal.
As TO manufacturing. the advance,
while not large, has been steady.
There are eleven oil mills, one rein.
Ing and one cotton factory. The oil
mills have q crushing capacity OF
ca. 900 tons Of seed. and an output OF
ZOO, 900 gallons Of oil. $1,000 tons
Of meal and cal Ike, aud l2J. 900 pounds
OF lint cotton. The Pioneer Cotton
Mills have consumed this season
about 5000 bales, aud manufactured
a large amount OF sheotipg. shifting,
osnAburgs, twines aud cordagc.
There are five grist mills and two
Touring mills running full time,
seven saw aud planning mills, three
wagon and carriage factories aud q
coopcrago factory; then comes the
Milburn Gin and Machine company,
Chickasaw Iron Works, Liyormoro
Foundry and Machine company,
Memphis Metal aud Wood Manu-
featuring company, Variety Agricul-
tnral Works, The Bluff City Stove
Works aud boiler shops. Five inn
mcnse brick yards, several broom
factories, cider aud vinegar iacto-
ries, soda water and bottling facto.
ries. Tennessee Brewing company.
two ice factories and a number OF
smaller manufacturing interests
which add TO the growth. business
and wealth Of the city.
The receipts OF grain at Memphis
for the twelve months ending August
3lst we're officially published by the
Merchants Exchange yesterday, as
follows Corn, ,0l3 200 bushels; oats,
gSj, Si5 bushels; wheat, $50, IA bush.
els. total, 2,g2,7GS bushels. Same
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